SINGLE-FAMILY HOME SALES OVERVIEW
The February 2019 median sold price for single-family homes in Parkland, Florida increased 4.8% to $650,000 with 27 closed sales compared to last year’s median of $620,000. These homes were on the market an average of 98 days before going under contract. Recorded closed sale prices ranged from $440,000 to $1,112,000 with home-sellers closing at a median of 5% below asking price.
|The MEDIAN is the midpoint value in the range. Unlike the AVERAGE value, the median is not sensitive to high sale prices for a small number of homes in the area.|
HIGHEST SALE PRICE IN FEBRUARY 2019
7710 Newport Lane, Parkland, FL 33067
Subdivision: CYPRESS HEAD
Sold Price: $1,112,000
List Price: $1,197,000
Closing Date: 02/12/2019
Days on Market: 362
The highest recorded closed sale price for a home in Parkland was $1,112,000 for this beautifully updated lakefront home with 6 beds, 4.5 baths and over 5,100 square feet of living space in the upscale community of Cypress Head. | CYPRESS HEAD HOMES FOR SALE →
HOME SALES PER PARKLAND ZIP CODE
|PARKLAND, FL 33076||PARKLAND, FL 33067|
|Total Homes Sold||15||12|
|Average Sale Price||$625,436||$759,349|
|Median Sale Price||$650,000||$792,500|
|Avg. Days on Market||85 Days||114 Days|
|Sale-to-List Price Ratio||97%||93%|
Data is from Southeast Florida MLS as of March 11, 2019. Information is believed to be accurate but is not warranted.
Pending Sales in February 2019
A total of 18 home listings went from “active” to “pending sale” status in the following Parkland subdivisions during the month: Quigley, Parkland Golf & Country Club, Pine Tree Estates, Parkland Bay, Heron Bay – The Colony, Heron Bay N Sawgrass Bay, Heron Bay – Heron Isles, Watercrest, Fox Ridge, Heron Bay Hawthorne, Parkland Isles, Bennington, Country’s Point
|PENDING SALE status means the seller has accepted an offer but the sale of the home has not yet closed or completed.|
At Parkland Realty Group, we post a Monthly Real Estate Market Report with total homes sold, sale prices, days on market and more. This overview of recent sales activity is helpful for those who are in the market to buy or sell real estate in Parkland, Florida.